Tether has signed a formal agreement with one of the world’s four largest accounting and auditing firms (Deloitte, PwC, EY, KPMG) to perform a full-scale, independent financial statement audit for the first time. The company just shared the good news with its official blog post.
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This audit is one of the largest opening audits in the history of financial markets. The company emphasizes that this step will set a new quality standard for the digital asset economy and is a defining moment for the evolution of modern finance. Investors who have struggled with Tether FUD for years are now looking forward to seeing Tether as the largest stablecoin by circulating supply. USDT will be able to make sure that the company behind it is “solid”.
Tetherwas already publishing certification reports in agreement with BDO. Now it goes beyond “attestation” reports and enters a full independent audit process. This process will prove that USD₮ assets are fully backed, highly liquid and managed with world-class risk management.
Tether CEO Paolo Ardoino said;
“Tether’s mission has always been to build trust with actions, not words. Trust is built when institutions are willing to fully open themselves to audit. This audit is the result of years of work to harden our systems so that Tether can meet the highest standards applied to global finance. For the hundreds of millions of people and businesses who rely on USD₮ every day, this audit is not just a compliance exercise; it is about accountability, resilience, and trust in the infrastructure they rely on.”
